Bullboard - Stock Discussion Forum Headwater Exploration Inc CDDRF

Primary Symbol: T.HWX

Energy Oil & Gas E&P

Headwater Exploration Inc. is a Canadian resource company engaged in the exploration for and development and production of petroleum and natural gas in Canada. The Company has heavy oil production and reserves in the Clearwater/Falher formations in the Marten Hills, Greater Nipisi and Greater Peavine areas of Alberta and natural gas production and reserves in the McCully field near Sussex, New... see more

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Headwater Exploration Inc > Nuttall...

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Post by Kherson on Feb 27, 2023 9:06am

Nuttall...

I stated this awhile back and I still believe this to be true, Eric is dumping his position in Headwater!
Kherson

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Comment by JohnnyDoe on Feb 27, 2023 4:35pm

I'm curious why you think that. Nuttal's been pushing Clearwater plays for two years.

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Comment by Kherson on Feb 27, 2023 8:57pm

Eric's appearance on BNN back in January speaks volumes about his take on Headwater! Kherson

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Comment by marketsense on Feb 28, 2023 1:05pm

Nuttal from what I remember said he was not as keen on HWX because he thought it would take longer and have less beta than BTE or TVE. Its not that he was trashing it, just that the other 2 Clearwater plays have larger land holdings in Clearwater than HWX. Does that mean he is a seller? I don't know but I think its very speculative to suggest that he is.

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Comment by GoJerez2 on Feb 28, 2023 5:29pm

Of course he has been saying once the deleveraging of debt happens..... the balance sheets will support much higher share prices. The longer we are at these great oil prices the quicker this happens. HWX of course has no debt but can pay higher dividends. They have been excellent at executing their business plan. Some great wells and waterflood to look forward to and whatever else may be in the ...more

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Headwater Exploration Inc